Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars are in millions. (Enter your answers in millions rounded to 1 decimal place (i. e., 5,500,000 should be entered as 5.5).)
Situation Bond Interest Expense Bond Interest Payable Increase (Decrease) Unamortization Discount Increase (Decrease) Cash Paid for Interest
1 16.0 0 0
2 16.0 2.6 0
3 16.0 - 2.6 0
4 16.0 0 - 3.6
5 16.0 2.6 - 3.6
6 16.0 - 2.6 - 3.6
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Home » Business » Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars are in millions. (Enter your answers in millions rounded to 1 decimal place (i. e., 5,500,000 should be entered as 5.5).